RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 0% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 90% in renewal years. Accidental Death Benefit Reinsurance premiums will be $0.25 per thousand in the first policy year and $0.90 per thousand in renewal years. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS EXHIBIT F Conversion Premiums Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer, shall be the same as the rates defined in Exhibit E of this agreement. EXHIBIT G Self-Administered Reporting
RIDERS AND BENEFITS. Rider Products Offered On Description Reinsurance Rate Accelerated Death Benefit Rider Permanent Products Traditional acceleration of death benefit upon diagnosis of terminal illness Munich Re, U.S. (Life) participates in accelerated payments. NAR assumes the death benefit has been accelerated. Additional Insured Rider Permanent Products Term Rider available on an additional insured (family member, fully underwritten). Rate for additional insured uses the same rate table as the base policy. Chronic Illness Accelerated Benefit Rider Permanent Products Allows the insured to access a portion of their death benefit upon diagnosis with a chronic illness. Munich Re, U.S. (Life) does not participate in accelerated payments. NAR assumes the death benefit has been accelerated. Supplemental Exchange Rider All Only available on key person insurance for corporations; allows coverage to pass from one insured to the next (subject to normal underwriting). Rate for the new insured uses the same rate table as the base policy. Return of Premium Rider IUL, VUL A rider which adds to the death benefit, the sum of premiums paid payable upon death. Rate is the same as the base policy rate. Guaranteed Increase Option IUL, VUL, UL UL version of Guaranteed Purchase Option for WL. Rate is point-in-scale using the base policy rate. Supplemental Term Insurance VUL, IUL Traditional term blend rider increasing net amount at risk of the policy. Rate is the same as the base policy rate. Accelerated Permanent Paid-Up Additions Rxxxx XX Same as EPPUA Rider but decreases the amount of term Insurance benefit from the Flexible Protection Rider, only available in conjunction with Flexible Protection Rider Rate is point-in-scale using the base policy rate. Enhanced Permanent Paid- Up Additions Rxxxx XX Provides the option to dump in additional premium, subject to certain limits, to purchase paid-up additional coverage Rate is point-in-scale using the base policy rate. Flexible Protection Rxxxx XX Traditional term blend rider increasing net amount at risk of the policy Rate is the same as the base policy rate. Guaranteed Purchase Option WL Allows the insured, on certain birthdays and life events to purchase additional whole life insurance without medical evidence (max $100K) Rate is point-in-scale using the base policy rate. Treaty #4345 Munich American Reassurance Company P a g e | 13 Rider Products Offered On Description Reinsurance Rate Flexible Period Single Life Term Rider IUL Term rider bou...
RIDERS AND BENEFITS. Terminal Illness ABR Chronic Illness ABR Additional Insurance Option (AIO) Exchange to New Insured Rider (ENIR) Adds Rider Flex Term Rider Automatic Increase Rider Accelerated Care Rider (ACR) Automatic Protection Rider (APB) The premiums for these riders are the same as the original policy to which they are attached, point-in-scale.
RIDERS AND BENEFITS. Continuing Coverage Rider For the Continuing Coverage Rider, REINSURER will participate in the $2.50 per month per $1,000 less a xx% allowance. This charge is to be paid from ages 90 to 100. Other Reinsured Riders The base plan rates will apply to the riders. If the rider is exercised after issue, point-in-scale rates will be effective where no underwriting is done. If the rider is newly underwritten, first year rates will apply. Policy Split Option Rider There is no charge for the Policy Split Option Rider until it is exercised and the single life rates on a point-in-scale basis, measured from the issue date of the joint life policy, will apply. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS EXHIBIT F CONVERSION PREMIUMS Term conversions from the Ceding Company's and Life of the Southwest Insurance Company's plans to the Survivorship Variable Universal Life Plan wil be on a point-in-scale basis at the reinsurance rates in Exhibit E. EXHIBIT G SELF-ADMINISTERED REPORTING
RIDERS AND BENEFITS. Change of Insured Rider and Supplementary Insurance Rider—when exercised, the reinsurance premium rates are the same as base rates as stated under E.1 in this exhibit. Exhibit F SELF-ADMINISTERED REPORTING The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send Munich Re, U.S. (Life) the reports listed below. The reports shall be in an electronic data format acceptable to Munich Re, U.S. (Life). If changes to the data format are made, the Ceding Company shall provide an updated data dictionary and file layout. Periodic Reports
RIDERS AND BENEFITS. On the VUL 2008 Plan: - Term Rider, Other Insured Rider. The reinsurance premium for these riders will be the same as the basic premiums the Ceding Company pays the Reinsurer, as developed in Section E.1, Basis 2 above. On the IUL 2008 Plan: - Term Rider, Other Insured Rider. The reinsurance premium for these riders will be the same as the basic premiums the Ceding Company pays the Reinsurer, as developed in Section E.1, Basis 1 above. EXHIBIT F Conversion Premiums Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer shall be the same as the rates defined in Exhibit E of this agreement. EXHIBIT G Self-Administered Reporting
RIDERS AND BENEFITS. All riders will be reinsured using the same rates as the base policy unless otherwise noted. Single Life riders a) Accelerated Benefit Rider – Terminal Illness. No charge for this rider. b) Accelerated Benefit Rider – Critical Illness. No charge for this rider. c) Accelerated Benefit Rider – Chronic Illness - Current Version. No charge for this rider. d) Accelerated Benefit Rider – Chronic Illness - New York Version. No charge for this rider. e) Accelerated Care Rider: Ceding Company pays no reinsurance premium and the reinsurer pays proportional share of discounted death benefit, essentially treated like an Accelerated Benefit Rider. f) Beneficiary Insurability Option – Prior to exercising the rider by the policyholder, Reinsurer will receive the BIO premium; offers a xx% first year and xx% renewal allowances. Reinsurance premium will become point-in-scale YRT rates when the rider is exercised; g) Fully underwritten Other Insured Rider. h) Fully underwritten Additional Protection Rider. i) Annual Premium Adds Rider: Annual paid-up addition. j) Fully underwritten Single Premium Adds rider. This is a one-time purchase on paid- up insurance. k) 10, 15 and 20 years Term Riders. Reinsurance premium is the same as base YRT rate in the level term period and xx% of the base YRT rate past the level term period; l) Flex Term Rider: Dividend and rider premium - purchase One Year Term & additions; m) Fully Underwritten Exchange to New Insured Rider: Allow a one-time exchange of insured; n) Term Protection Privilege: Allow addition of a flex term rider on a paid-up policy. Reinsurance premium is paid at point-in-scale rates. o)
RIDERS AND BENEFITS. None Reinsured.
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 10% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 85% in renewal years. EXHIBIT D Conversion Premiums Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer, shall be the same as the rates defined in Exhibit C of this agreement. EXHIBIT E Self-Administered Reporting The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send the Reinsurer the reports listed below at the frequency specified. Transaction Reports: Monthly
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 0% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 90% in renewal years. Accidental Death Benefit Reinsurance premiums will be $0.25 per thousand in the first policy year and $0.90 per thousand in renewal years. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS 7580 ML 1 2 3 4 5 6 7 8 9 10 11 12 13 0 0.00112 0.0007 0.00047 0.00042 0.00037 0.00032 0.00031 0.00028 0.00027 0.00027 0.00028 0.00033 0.00038 0.00046 0.00066 0.00085 15 1 0.00046 0.00043 0.00038 0.00033 0.00027 0.00023 0.00023 0.00023 0.00025 0.00028 0.00033 0.00038 0.00046 0.00066 0.0008 0,00108 16 3 0.00033 0.00028 0.00025 0.00023 0.00023 0.00021 0.00025 0.00028 0.00033 0.00038 0.00046 0.00061 0.00074 0.00104 0.00117 0.00127 18 4 0.00028 0.00024 0.00023 0.00023 0.00021 0.00025 0.00028 0.00033 0,00038 0.00044 0,00061 0.00074 0.00095 0.00111 0.00126 0.00134 19 5 0.00023 0.00023 0.00023 0.00021 0.00025 0.00028 0.00033 0.00038 0.00043 0.00061 0.00074 0.00095 0.00108 0.00117 0.00132 0.00139 20 7 0.00019 0.00021 0.00025 0.00028 0.00033 0.00038 0.00043 0.00057 0.00072 0.O0091 0.00108 0.00115 0.0012 0.00123 0.00138 0.00141 22 13 0.00038 0.00057 0.00072 0.0009 0.00102 0.00112 0.00118 0.00121 0.00122 0.00126 0.00128 0.00128 0.00123 0.00118 0.00115 0.00119 28 15 0.00072 0.0009 0.00102 0.00108 0.00113 0.00117 0.0012 0.00119 0.00117 0.00117 0.00116 0.00116 0.00112 0.00111 0.00111 0.00113 30 18 0.00101 0.00106 0.00109 0.00111 0.0011 0.00107 0.00107 0.00104 0.00101 0.00099 0.00099 0.00101 0.001 0.00104 0.00109 0.00113 33 19 0.00097 0.00101 0.00102 0.00104 0.00102 0.001 0.00099 0.00096 0.00095 0.00095 0.00096 0.00097 0.00098 0.00103 0.00109 0.00116 34 20 0.00091 0.00094 0.00094 0.00095 0.00094 0.00093 0.00091 0.00089 0.0009 0.00091 0.00093 0.00095 0.00098 0.00103 0.00112 0.0012 35 21 0.00083 0.00085 0.00085 0.00086 0.00086 0.00085 0.00083 0.00086 0.00086 0.00087 0.00091 0.00094 0.00097 0.00105 0.00116 0.00125 36 22 0.00073 0.00075 0.00075 0.00076 0.00077 0.00077 0.00077 0.00078 0.00081 0.00085 0.0009 0.00094 0.00099 0.00108 0.0012 0.00132 37 24 0.00073 0.00073 0.00073 0.00074 0.00076 0.00077 0.00078 0.0008 0.00084 0.0009 0.00096 0.00103 0.0011 0.00122 0.00136 0.00151 39 25 0.00071 0.00071 0.00072 0.00074 0.00075 0.00077 0.0008 0.00082 0.00087 0.00095 0.00101 0.00109 0.00118 0.00133 0.00147 0.00163 40 27 0.00068 0.00068 0.00071 0.00073 0.00076 0.0008 0.00085 0.0009 0.00097 0.00107 0.00115 0.00126 0.0014 0.00158 0.00175 0.00197 42 2...
